* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, May 9, 2025
Earth-News
  • Home
  • Business
  • Entertainment

    Zugalu Entertainment Welcomes Crimson Herring Studios to Its Family!

    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Newmont signs deal to use Chrysos Corporation technology – Capital Brief

    Newmont Partners with Chrysos Corporation to Revolutionize Mining Technology

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Zugalu Entertainment Welcomes Crimson Herring Studios to Its Family!

    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Newmont signs deal to use Chrysos Corporation technology – Capital Brief

    Newmont Partners with Chrysos Corporation to Revolutionize Mining Technology

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

Mondelēz sees decline in volume sales for Europe, but says customer disruption lower than expected

May 2, 2024
in Entertainment
Mondelēz sees decline in volume sales for Europe, but says customer disruption lower than expected
Share on FacebookShare on Twitter

High commodity prices are high on the agenda. American multinational Mondelēz has felt this keenly, particularly in the impact it has had on customer disruption in Europe, where they have faced tough negotiations with retailers over prices.

In its newly released Q1 results, volume sales for Europe are still down. But the company says the many of the negotiations are now sorted.

Success in Europe?​

Growth for Mondelēz’s Europe sales was up 4.4%. While this growth was positive, it relied on price, and was significantly offset by a decline in volume/mix.

In terms of volume/mix, Mondelēz has seen significant decline in almost all markets, with a contraction of -3.5% in Europe (the only segment that bucks the trend is emerging markets, which saw a volume growth of 0.1% and was largely successful for Mondelēz across the board).

Since 2022, Mondelēz have experienced customer disruption​ in Europe, with disagreements over pricing slowing down negotiations between the multinational and European retailers. One of the reasons for the low volume growth, suggested Mondelēz CFO Luca Zaramella in an earnings call, is this customer disruption in the European market.

Despite this, however, core categories including chocolates, biscuits and baked snacks are ‘still demonstrating relatively more resilience and lower elasticity than the broader food universe,’ said CEO Dirk Van De Put, and this is particularly true for these categories in Europe where consumer confidence is improving.  

“While volume growth has slowed, the Chocolate and Biscuit categories are holding better than the broader FMCG landscape and we’re hearing increased optimism about the go-forward economic outlook.”

According to CFO Zaramella, many of the negotiations with European retailers that have been causing disruption are now complete. “We have now landed the vast majority of pricing in Europe. One customer alliance is still ongoing, which will cause some additional disruption in Q2, but the business remains in line with our expectations,” he said.

For Europe, predicted Van De Put, sales will see a recuperation now that many of the negotiations are complete.

The price of cocoa ​

One category that is particularly strong for Europe is chocolate, with Cadbury and Milka showing solid growth. This is despite the recent rapid rise​ in the price of cocoa, and suggestions that these increases will be passed onto consumers​.

In the realm of cocoa, said Zaramella, Mondelēz is covered for at least twelve months, and has teams analysing the cocoa market consistently. Mondelēz, who owns chocolate brands such as Cadbury, Milka, Lacta and Toblerone, has locked cocoa for the entirety of 2024, meaning that cocoa for the year has already been bought in the form of futures.

Mondelēz believes that the price of cocoa will go down later this year, when the data for new crops begins to become available. However, if prices remain high, suggested Zaramella, the company is committed to its current price points.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FoodNavigator – https://www.foodnavigator.com/Article/2024/05/02/Mondelez-International-Europe-volume-sales-down?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS

Tags: Decline’entertainmentMondelez
Previous Post

Low-histamine diet: Is this the new food trend to watch?

Next Post

Star Wars Day sales 2024: All the best deals and drops you can shop this May the 4th

Ecological and anthropogenic effects on the genomic diversity of lemurs in Madagascar – Nature

Unraveling the Impact of Nature and Humanity on Lemur Genomic Diversity in Madagascar

May 9, 2025
Scientists edge closer to solving mystery of T. rex origins – Live Science

Scientists edge closer to solving mystery of T. rex origins – Live Science

May 9, 2025
Dispatches from the Wild: An ode to science – Explore Big Sky

Adventures in Nature: Celebrating the Wonders of Science

May 9, 2025
Lifestyle brand is giving away an original Rolls-Royce Silver Spur for free, but there’s an $85,000 catch – supercarblondie.com

Win a Classic Rolls-Royce Silver Spur for Free—But There’s an $85,000 Twist!

May 9, 2025
Four Flyers Set to Play in the 2025 IIHF World Championship – NHL.com

Four Flyers Set to Play in the 2025 IIHF World Championship – NHL.com

May 9, 2025
Trump Tariffs: Xi Fortifies China’s Economy Before First Talks on Trade With US – Bloomberg

Xi Strengthens China’s Economy Ahead of Crucial Trade Talks with Trump

May 9, 2025

Zugalu Entertainment Welcomes Crimson Herring Studios to Its Family!

May 9, 2025
The emerging Trumpification of mental and behavioral health – Axios

The emerging Trumpification of mental and behavioral health – Axios

May 9, 2025
When the pope and politics collide: From the Politics Desk – NBC News

Divine Dilemmas: The Intriguing Intersection of Papacy and Politics

May 9, 2025
Newmont signs deal to use Chrysos Corporation technology – Capital Brief

Newmont Partners with Chrysos Corporation to Revolutionize Mining Technology

May 9, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (594)
  • Economy (605)
  • Entertainment (21,518)
  • General (15,210)
  • Health (9,647)
  • Lifestyle (610)
  • News (22,149)
  • People (608)
  • Politics (612)
  • Science (15,827)
  • Sports (21,115)
  • Technology (15,595)
  • World (595)

Recent News

Ecological and anthropogenic effects on the genomic diversity of lemurs in Madagascar – Nature

Unraveling the Impact of Nature and Humanity on Lemur Genomic Diversity in Madagascar

May 9, 2025
Scientists edge closer to solving mystery of T. rex origins – Live Science

Scientists edge closer to solving mystery of T. rex origins – Live Science

May 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version